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How much principal will be paid in the 7th month if you borrow $20,000 at a rate of 6%, compounded monthly, and pay it off
How much principal will be paid in the 7th month if you borrow $20,000 at a rate of 6%, compounded monthly, and pay it off over 6 years with monthly payments? A $329.81 B $92.97 C $89.04 D $238.49
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